Indian bottler gets major funds injection
Standard Chartered Private Equity (SCPE) has invested about US$56m in India-based bottler Varun Beverages Ltd, as a new market report hints at untapped potential in India's soft drinks market.
Archives for July 25, 2011
UK beer sales see largest drop in 14 years
Second quarter UK beer sales saw the biggest drop since 1997, according to new figures from the British Beer and Pub Association (BBPA).
SABMiller’s volumes rise fuelled by emerging markets
Volumes were boosted by continuing growth in emerging markets for SABMiller, who remained tight-lipped on its Fosters bid in its first quarter results.
Hungary prepares for 'discriminatory' September 1 fat tax
Hungary will introduce a fat tax as of September 1 this year -a move the food industry says is unnecessary and ineffective in achieving widespread dietary shifts.
UK collaboration to develop renewable energy for food industry
Two renewable energy technology companies are working together with an aim of developing their scope for anaerobic digestion in the UK food sector.
EFSA spells out criteria for PET recycling
The European Food Safety Authority (EFSA) has spelled out how it will evaluate different technologies used by recyclers to turn polyethylene terephthalate (PET) from post-consumer waste into food contact materials.